Coldwell Banker Market Report, February, 2016

Page 1

The Treasure Valley Report FEBRUARY 2016

Published by your trusted real estate advisors from Coldwell Banker Tomlinson Group. All stats taken from the Intermountain Multiple Listing Service.

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

1


Yearly Residential Sales Ada County

12000 10370 9553

10000 8124 8000

7115

6839 6000

7963

5154

5683

6172

6498

4000

2000 1079

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

FEBRUARY 2016 YTD The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

2


Yearly Residential Sales Canyon County

6000 5467 5000 3996

4000 3315 3094 3000

3283

3054

3245

3471

2646 2217

2000

1000

475

0 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

FEBRUARY 2016 YTD The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

3


Monthly Average Sales Price Comparison 2015 / 2016

Ada County

Sept

$267,608

Aug

$273,684

$261,598

July

$270,969

$264,978

May

$270,354

$260,165

Apr

$273,178

$253,105

$262,980

$272,118

$251,908

$200,000

$265,905

$250,000

$252,480

$300,000

$150,000

$100,000

$50,000

$0 Jan 2015

Feb

Mar

2016

June

Oct

Nov

Dec

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

4


Monthly Average Sales Price Comparison 2015 / 2016

Canyon County

Oct

$169,342

$164,809

Sept

$171,235

$164,809

$168,054

$167,833

$159,301

$159,301

$180,327

$152,224

$120,000

$155,678

$140,000

$146,474

$160,000

$166,146

$180,000

$172,934

$200,000

$100,000 $80,000 $60,000 $40,000 $20,000

$0 Jan 2015

Feb

Mar

Apr

May

June

2016

July

Aug

Nov

Dec

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

5


Active Listings by Price Range Ada County

$200,000-$249,999 368

$250,000-$299,999 289

PRICE RANGE

$160,000-$199,999 233 $300,000-$399,999 403

$120,000-$159,999 58 $100,000-$119,999 4

$500,000-$699,999 156

$400,000-$499,999 160

$1,000,000+ 37

$100,000-$119,999 $120,000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000-$699,999 $700,000-$999,999 $1,000,000+ TOTAL

#

4 58 233 368 289 403 160 156 46 37 1754

$700,000-$999,999 46

AS OF FEBRUARY 29, 2016 The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

6


Active Listings by Price Range Canyon County

$160,000-$199,999 171 $120,000-$159,999 123 $100,000$119,999 32

$200,000-$249,999 151

$90,000-$99,999 10 $70,000$89,999 20 $0-$69,999 25

$300,000-$399,999 74

$250,000-$299,999 72

$500,000+ 21 $400,000-$499,999 26

PRICE RANGE

#

$0-$69,999 $70,000-$89,999 $90,000-$99,999 $100,000-$119,999 $120,000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000+ TOTAL

25 20 10 32 123 171 151 72 74 26 21 725

AS OF FEBRUARY 29, 2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

7


Sold Listings by Price Range Ada County

$160,000-$199,999 132

$200,000-$249,999 116

$250,000-$299,999 96

$120,000-$159,999 66

$100,000-$119,999 2

$300,000-$399,999 107

$1,000,000+ 3 $700,000-$999,999 5 $500,000-$699,999 24

PRICE RANGE

#

$100,000-$119,999 $120,000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000-$699,999 $700,000-$999,999 $1,000,000+ TOTAL

2 66 132 116 96 107 33 24 5 3

584

$400,000-$499,999 33

FEBRUARY 2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

8


Sold Listings by Price Range Canyon County

$120,000-$159,999 82 $100,000-$119,999 22

$90,000$99,999 6

$160,000-$199,999 37

$70,000-$89,999 15

$0-$69,999 5

$200,000-$249,999 22

$500,000+ 0 $400,000-$499,999 6

$300,000-$399,999 17

PRICE RANGE

#

$0-$69,999 $70,000-$89,999 $90,000-$99,999 $100,000-$119,999 $120,000-$159,999 $160,000-$199,999 $200,000-$249,999 $250,000-$299,999 $300,000-$399,999 $400,000-$499,999 $500,000+ TOTAL

5 15 8 22 82 37 22 16 17 6 0

230

$250,000-$299,999 16 FEBRUARY 2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

9


Absorption Rate Current Inventory, Ada & Canyon Counties

14

13

12 10 10

9 8

8

8

8 7

6 6

5

Ada

5

Canyon

4 4

3 2

2

1

1

0

0

0

0

0

0

“Absorption rate” refers to the number of months it would take to sell the present inventory if no new listings came on the market.

FEBRUARY 2016 YTD

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. © Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

10


Sales Activity: Resale vs. New Construction Ada County / Canyon County

New Construction, 28, 12%

New Construction, 139, 24%

Resale, 448, 76% Resale, 204, 88%

Canyon County

Ada County

FEBRUARY 2016 YTD The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

11


Resale vs. New Construction Inventory Ada County

1724

1800

1760

1709

1672

1613 1600 1400

1507

1453

1376 1122

1200 1000 800

736

764

765

770

749

752

783

815

856

918

994 846

875

829

765

600 400 200 0

Resale

New Construction

2015/2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

12


Resale vs. New Construction Inventory Canyon County

900 800

850

834

771

775

755

725

832

679

700

617

600 504

500 400

333

326

321

322

340

355

353

352

356

474 339

451 330 279

300 200 100 0

Resale

New Construction

2015/2016

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

13


Coldwell BankerÂŽ and its parent company, Realogy Corporation, fully support the principles of the Fair Housing Act (Title VIII of the Civil Rights Act of 1968), as amended, which generally prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents of legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability). In addition, each and every Coldwell Banker franchised office is contractually required to comply, in all respects, with all laws, rules and regulations applicable to the real estate industry, including without limitation, the requirements imposed by the Fair Housing Act. As an adjunct to the foregoing commitment, both Coldwell Banker and Realogy Corporation actively promote, and are committed to, creating and fostering an environment of diversity throughout their respective organizations and franchise systems, and each views such a concept as a critical component to the on-going success of their business operations

The information in this report is compiled from the Intermountain Multiple Listing Service and to the best of our knowledge is accurate and current. Š Coldwell Banker Tomlinson Group. Each office is independently owned and operated.

MODIFIED ON 3/11/16 3:24 PM

Information pulled on 3/8/16

14


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